1993 Lexus SC 400 Car Insurance Cost

Trying to find lower auto insurance rates for your Lexus SC 400? Wish you could get a refund on an expensive auto insurance policy? Say no more because many drivers feel the same as you.

Since you have so many options, it’s nearly impossible to locate the lowest cost company.

Ways to get insurance rate quotes

All major insurance companies such as Progressive, Allstate and Geico allow you to get price estimates on their websites. Doing online quotes is pretty easy because it’s just a matter of typing in into a form. Once entered, their system obtains your credit score and driving record and gives you a price quote. This simplifies rate comparisons, but the time required to go to different websites and complete many quote forms can be a bit tiresome and repetitive. But it’s necessary to perform this step if you want to get better prices.

Keep reading for an easier way to compare prices

The quickest way to lower your insurance bill utilizes a single form that obtains quotes from multiple companies. It’s a real time-saver, requires much less work on your part, and makes quoting online much more enjoyable. Once the form is submitted, it is rated and you can select any or none of the resulting price quotes.

If a lower price is quoted, you can simply submit the application and buy the policy. It only takes a few minutes and you’ll know if lower rates are available.

To compare rates using this form now, click here and input your coverage information. If you have your current policy handy, we recommend you enter the coverages identical to your current policy. Doing this guarantees you will be getting comparison quotes for similar insurance coverage.

Get cheap auto insurance with discounts

Auto insurance is neither fun to buy or cheap, but you can get discounts to help bring down the price. Certain reductions will be credited when you get a quote, but some must be requested specifically prior to receiving the credit.

  • Professional Organizations – Belonging to a civic or occupational organization is a simple method to lower premiums when shopping for auto insurance.
  • Driver Safety – Passing a course that instructs on driving safety could earn you a small percentage discount depending on where you live.
  • Renewal Discounts – Select auto insurance companies give a discount for renewing your policy prior to the expiration date on your current policy. The savings is around 10%.
  • Save with a New Car – Insuring a new car can save you some money compared to insuring an older model.
  • Discounts for Safe Drivers – Accident-free drivers may receive a discount up to 45% for SC 400 coverage than drivers with accident claims.

A little note about advertised discounts, some credits don’t apply to the overall cost of the policy. Most only cut the cost of specific coverages such as physical damage coverage or medical payments. If you do the math and it seems like adding up those discounts means a free policy, insurance companies wouldn’t stay in business.

Companies that may offer policyholders most of the discounts above include:

When getting a coverage quote, ask every insurance company which discounts you may be entitled to. Some of the discounts discussed earlier might not be available to policyholders everywhere. To locate auto insurance companies who offer auto insurance discounts, click this link.

Tailor your insurance coverage to you

When it comes to buying coverage for your vehicles, there really is not a “perfect” insurance plan. Each situation is unique and a cookie cutter policy won’t apply. These are some specific questions may help highlight if your situation might need an agent’s assistance.

  • Is my dog or cat covered if injured in an accident?
  • Can I afford to buy a different vehicle if my 1993 Lexus SC 400 is totaled?
  • Will filing a claim cost me more?
  • Why does it cost so much to insure a teen driver?
  • Does having multiple vehicles earn me a discount?
  • Can my babysitter drive my car?
  • What is medical payments coverage?
  • Do I really need UM/UIM coverage?
  • Is other people’s property covered if stolen from my vehicle?

If it’s difficult to answer those questions then you might want to talk to an agent. If you want to speak to an agent in your area, complete this form or click here for a list of insurance companies in your area.

Car insurance 101

Having a good grasp of your auto insurance policy helps when choosing which coverages you need for your vehicles. Policy terminology can be difficult to understand and reading a policy is terribly boring. Listed below are typical coverage types available from auto insurance companies.

Med pay and Personal Injury Protection (PIP)

Personal Injury Protection (PIP) and medical payments coverage provide coverage for immediate expenses for things like pain medications, nursing services and prosthetic devices. They can be used to cover expenses not covered by your health insurance program or if you do not have health coverage. Medical payments and PIP cover you and your occupants as well as getting struck while a pedestrian. Personal injury protection coverage is not an option in every state but can be used in place of medical payments coverage

Collision insurance

This covers damage to your SC 400 resulting from a collision with an object or car. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers claims like sustaining damage from a pot hole, scraping a guard rail, backing into a parked car and crashing into a building. This coverage can be expensive, so consider dropping it from vehicles that are 8 years or older. Drivers also have the option to bump up the deductible to save money on collision insurance.

Uninsured/Underinsured Motorist (UM/UIM)

This coverage protects you and your vehicle from other motorists when they either are underinsured or have no liability coverage at all. Covered losses include medical payments for you and your occupants as well as damage to your Lexus SC 400.

Because many people only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. So UM/UIM coverage should not be overlooked. Usually your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.

Liability coverage

This coverage will cover injuries or damage you cause to a person or their property by causing an accident. This insurance protects YOU against claims from other people, and doesn’t cover your own vehicle damage or injuries.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. As an example, you may have liability limits of 50/100/50 which stand for a $50,000 limit per person for injuries, a per accident bodily injury limit of $100,000, and property damage coverage for $50,000. Some companies may use a combined single limit or CSL which provides one coverage limit and claims can be made without the split limit restrictions.

Liability insurance covers things such as legal defense fees, bail bonds, medical expenses and repair costs for stationary objects. The amount of liability coverage you purchase is up to you, but it’s cheap coverage so purchase as large an amount as possible.

Comprehensive insurance

This coverage covers damage from a wide range of events other than collision. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for things like theft, hitting a bird, hail damage and hitting a deer. The maximum amount a auto insurance company will pay at claim time is the ACV or actual cash value, so if the vehicle is not worth much consider dropping full coverage.

Feed the piggy bank

When trying to cut insurance costs, it’s a bad idea to skimp on coverage in order to save money. In too many instances, an insured dropped comprehensive coverage or liability limits only to discover later that it was a big mistake. Your goal should be to purchase plenty of coverage at the best cost and still be able to protect your assets.

Some companies may not have the ability to get a quote online and these small, regional companies sell through independent insurance agents. Lower-priced auto insurance is available both online in addition to local insurance agencies, and you need to comparison shop both in order to have the best chance of saving money.

Additional auto insurance information is located below: